In UBS Vote, a Mixed Message

ZURICH -- Switzerland's UBS AG won shareholder approval yesterday for a package of measures intended to shore up the bank's finances, but angry investors left little doubt that they would continue to press for the ouster of Chairman Marcel Ospel.

Mr. Ospel, who has led UBS for more than a decade and said he has the backing of the board, faced a tirade of criticism at the bank's extraordinary general meeting in Basel. Some shareholders blamed the 58-year-old manager for UBS's massive losses and pressed for his departure.